lIlliquidity Premium
An illiquidity premium is a return earned by investors for the commitment of... Read More
Los 1(a): Demonstrate how an asset’s returns may be replicated by using options
Los 1(g): Describe uses of calendar spreads
Los 1(h): Discuss volatility skew and smile
Los 1(j): Demonstrate the use of options to achieve targeted equity risk exposures
Los 2(d): Demonstrate the use of volatility derivatives and variance swaps
Los 3(a): Analyze the effects of currency movements on portfolio risk and return
Los 3(b): Discuss strategic choices in currency management
Los 3(i): Discuss challenges for managing emerging market currency exposures